USAID and Citi partnering to bring mobile money to world's unbanked

The U.S. Agency for International Development, tasked with the administration and distribution of international aid from the U.S.

Nigeria's new cashless economy getting mixed response

Almost two months after implementation of the Central Bank of Nigeria's cashless policy in Lagos, most Lagosians are less than happy with the project. The Nation Online reported that citizens' general view was the policy had not been well thought-out....

CFPB announces proposed rulemaking for prepaid cards

The Dodd-Frank Act loophole that exempted general prepaid reloadable cards from fee controls could be closing in the not too distant future, signaling increased scrutiny for payments by the Consumer Financial Protection Bureau. The CFPB announced yesterday it will release...

MasterCard proposes cross-industry group to collaborate on EMV migration

MasterCard today proposed the formation of a cross-industry group designed to foster collaboration and alignment for EMV chip migration in the United States. The proposed group would include networks, issuers, merchants, acquirers, processors, terminal manufacturers, card manufacturers and others. A...

Canadian bankers release guidelines for mobile payments

Following a recent report by a government task force saying Canada lacks mobile payment options, the Canadian Bankers Association has released a new set of voluntary, secure, open guidelines for the development of mobile payments at point-of-sale in Canada. The...

Obopay leverages its experience through new licensing program

Mobile payment company Obopay announced the availability of Obopay Licensed Payment Services for Partners. The new service lets partners leverage Obopay's money transfer licenses throughout the U.S.

EU regulators hear concerns from Google, PayPal over UK m-payment JV

The Financial Times is reporting Google and PayPal are expressing reservations about the NFC mobile payment joint venture between the U.K.'s three largest wireless carriers. The JV is currently being evaluated by EU regulators.

NRF urges FTC to move cautiously on mobile payments

The National Retail Federation this week urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments, and said any rules that are adopted should parallel those for the underlying form of payment and not be specific...

FTC to convene workshop on mobile payments

The Federal Trade Commission will be taking a look at mobile payments later this month. The FTC is holding a workshop called "Paper, Plastic… or Mobile" on April 26, 2012 at the FTC Conference Center in Washington D.C.

UK mobile payment partnership faces regulatory roadblock

Bloomberg is reporting that the U.K. mobile payment partnership is facing increased scrutiny from EU regulators. The joint venture by wireless carriers Vodafone Group Plc, O2 and Everything Everywhere Ltd.

Task force says Canadians want for mobile payments

Canadians are a mobile-tech loving people in need of some better mobile payment options. So says a government task force assigned by Finance Minister Jim Flaherty to look at Canada's payment systems. An article at Financial Post said the Task...

T-Mobile hit with patent suit from On Track Innovations

On Track Innovations Ltd, an Israel-based provider of ID and payment technology, today announced it has filed a patent infringement lawsuit against wireless carrier T-Mobile USA. OTI alleges T-Mobile is selling NFC-enabled phones that infringe on a U.S.

ABA announces task force on emerging, mobile payments

The American Bankers Association announced it has formed a Payment Systems Task Force, an assembly of bankers who will develop proactive strategies to ensure a strong, safe and efficient payments market. The task force is led by Jeff L. Plagge, ABA vice chairman and president of Northwest Financial Corp.

Square and Verifone vie for control of NYC taxis

The New York Times is reporting the New York City Taxi and Limousine Commission is looking at an option to replace Taxi TVs, the integrated payment/entertainment consoles mounted in the back seats of city taxis. The commission is exploring an...

UK mobile payment JV may miss the Olympics

An article from the U.K. Telegraph reported this weekend that plans for a mobile payment joint venture between the U.K.'s largest wireless carriers, Vodafone, O2 and Everything Everywhere, are running into regulatory hurdles that may delay its plans until after...

Virtual Piggy gives kids an m-payment app of their own

Mobile payments are about to get kid-friendly. Virtual Piggy, Inc.

Taxes go mobile with H&R Block and Pageonce partnership

As personal finance goes mobile it was only a matter of time before taxes followed suit. Pageonce, a provider of mobile personal finance services and bill payment, and H&R Block announced the launch of a new mobile tax service available...

President Obama's campaign deploys Square

President Obama's reelection campaign has begun deploying Square's mobile point-of-sale app and credit card reader to its staff to help with collecting campaign donations, according to Politico, While not the first campaign to employ Square to process donations, Politico reports...

The FTC to look at mobile payments

The Federal Trade Commission will host a workshop April 26, 2012, looking at mobile payments in the marketplace and how that technology may impact consumers. The workshop will bring together consumer advocates, industry representatives, government regulators, technologists and academics, the...

Pay-by-phone powered meters vex DC residents

The Washington (D.C.) Examiner is reporting the road to mobile payment adoption may not be lined with pay-by-phone parking meters. According to the paper, on average about 25 drivers a day who use a new pay-by-phone option to feed meters...

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